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Trusting Leviathan

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  • Daunton,Martin

Abstract

Professor Martin Daunton's major study of the politics of taxation in the 'long' nineteenth century examines the complex financial relationship between the state and its citizens. In 1799, taxes stood at 20 per cent of national income; by the outbreak of the First World War, they had fallen to less than half of their previous level. The process of fiscal containment resulted in a high level of trust in the financial rectitude of the government and in the equity of the tax system, contributing to the political legitimacy of the British state in the second half of the nineteenth century. As a result, the state was able to fund the massive enterprises of war and welfare in the twentieth century. Combining research with a comprehensive survey of existing knowledge, this lucid and wide-ranging book represents a major contribution to our understanding of Victorian and Edwardian Britain.

Suggested Citation

  • Daunton,Martin, 2001. "Trusting Leviathan," Cambridge Books, Cambridge University Press, number 9780521803724.
    • Handle: RePEc:cup:cbooks:9780521803724
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    Cited by:

    1. TokeS. Aidt & Martin Daunton & Jayasri Dutta, 2010. "The Retrenchment Hypothesis and the Extension of the Franchise in England and Wales," Economic Journal, Royal Economic Society, vol. 120(547), pages 990-1020, September.
    2. Fabio Braggion & Lyndon Moore, 2011. "Dividend Policies in an Unregulated Market: The London Stock Exchange, 1895--1905," The Review of Financial Studies, Society for Financial Studies, vol. 24(9), pages 2935-2973.
    3. Aidt, T. & Jensen, P.S., 2007. "The Taxman Tools Up: An Event History Study of the Introduction of the Personal Income Tax in Western Europe, 1815-1941," Cambridge Working Papers in Economics 0766, Faculty of Economics, University of Cambridge.
    4. Toke Aidt & Peter Jensen, 2009. "Tax structure, size of government, and the extension of the voting franchise in Western Europe, 1860–1938," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 16(3), pages 362-394, June.

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